Oil

Azerbaijan is ready to provide the capacity of the oil pipeline «Baku-Tbilisi-Ceyhan» (BTC) pipeline for export of oil from the giant offshore Kashagan field. This project, located in the Kazakhstan sector of the Caspian sea in the near future will begin production of raw materials. In particular, as noted by …

To buy rubles on the background of the increase in world oil prices, investors are advised U.S. company BlackRock. This became known from Sergio Trigo Paz, head of the division of the company for debt instruments of developing countries. He also noted that Russia is returning to growth, which makes …

Minsk and Moscow, despite the overall allied rhetoric and the finding of de jure in the common economic space again became a hard clinch. Although history knows many examples of protracted conflicts (gas, milk, potash etc war) and their safe junctions, the current situation aggravated in the past weekend to …

yurasumy Photo: Politrussia.com 29 Sep 2016 Congress and the U.S. Senate held a historic vote. They overcame the veto of President Barack Obama on «the law of 9/11», in which American citizens and businesses can now submit their claims to the Kingdom of Saudi Arabia (KSA). Still in the process …

The Board of Directors of «Rosneft» approved the acquisition of a stake in Bashneft Aleksey Topalov Yuri Smityuk/Tascheva Of «Rosneft» Igor Sechin «Rosneft» is preparing for the privatization of «Bashneft», the transaction on purchase of the Bashkir assets already approved by the Board of Directors. Rosneft could buy state block …

The Algerian paradox So, the countries-exporters of oil, OPEC could agree to reduce the total oil production from the current of 33.24 million barrels per day to 32.5-33 million b/d. While this solution has the informal status of the official, confirmed in writing arrangement, should appear at the summit of …

A leading financial conglomerate in the United States — Bank of America, has published a forecast for the development of the world economy. This was reported by the Agency video News Service. It shows — and this is done without preliminary calculations and justifications — the extremely adverse trends that …

What purpose Minsk raised the price for the transit of our oil President of Belarus Alexander Lukashenko (Photo: Mikhail Metzel/TASS) The Ministry of Antimonopoly regulation and trade of Belarus has raised tariffs on transit of Russian oil through the territory of the country approximately in half. The decree was …

Russian oil and gas reserves may end by 2030. About this stated the head of Sberbank German Gref, reports TASS. He called on the Russian authorities to prepare the economy to the end of the century of oil and gas. «We are talking about when we have this monoproduct can …

Oil reserves in China can be approximately equal to the reserves strategic petroleum reserve. This was reported by the influential Washington Post, citing data from the American company Orbital Insight. The information that underlies the analysis were obtained Orbital Insight with the help of satellite imagery and tracking of activities …